Tempus Wealth Planning LLC Acquires 1,242 Shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Tempus Wealth Planning LLC boosted its stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 14.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,723 shares of the exchange traded fund’s stock after buying an additional 1,242 shares during the period. Tempus Wealth Planning LLC owned 0.09% of Invesco BuyBack Achievers ETF worth $1,052,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of PKW. Pacific Wealth Strategies Group Inc. boosted its stake in Invesco BuyBack Achievers ETF by 3.8% in the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 101,781 shares of the exchange traded fund’s stock valued at $10,078,000 after acquiring an additional 3,754 shares in the last quarter. Principal Securities Inc. purchased a new position in Invesco BuyBack Achievers ETF during the 4th quarter worth $520,000. Financial Security Advisor Inc. purchased a new position in Invesco BuyBack Achievers ETF during the 4th quarter worth $207,000. Raymond James Financial Services Advisors Inc. grew its stake in Invesco BuyBack Achievers ETF by 1.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 177,977 shares of the exchange traded fund’s stock worth $17,623,000 after buying an additional 2,623 shares during the last quarter. Finally, Thoroughbred Financial Services LLC raised its stake in Invesco BuyBack Achievers ETF by 148.8% in the fourth quarter. Thoroughbred Financial Services LLC now owns 15,366 shares of the exchange traded fund’s stock valued at $1,521,000 after buying an additional 9,191 shares during the last quarter.

Invesco BuyBack Achievers ETF Trading Up 0.1 %

Shares of NASDAQ:PKW traded up $0.15 on Thursday, hitting $103.55. 7,228 shares of the company were exchanged, compared to its average volume of 19,356. The stock’s 50 day moving average price is $103.82 and its 200 day moving average price is $102.56. Invesco BuyBack Achievers ETF has a 1-year low of $84.19 and a 1-year high of $108.33. The firm has a market capitalization of $1.09 billion, a P/E ratio of 12.93 and a beta of 1.09.

Invesco BuyBack Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a $0.2245 dividend. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.87%.

About Invesco BuyBack Achievers ETF

PowerShares Buyback Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Share BuyBack Achievers Index (the Index). The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers. To become eligible for inclusion in the Index, a company must be incorporated in the United States, trade on a United States exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months.